Why can’t I provide ride-hailing services under my standard motor insurance?

The law requires that ride-hailing taxis have taxi insurance. Once an ride-hailing license is issued for the driver, the Motor Insurers’ Bureau will cancel their regular motor insurance policy. Until now, there has only been one price category for taxi insurance. Cachet brings dynamic pricing to the market, which means that you only pay for the hours when you actually provide ride-hailing services.